GRG Banking Equipment Co (SZSE:002152) Tax Rate % : 14.56% (As of Mar. 2024)

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What is GRG Banking Equipment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GRG Banking Equipment Co's Tax Expense for the three months ended in Mar. 2024 was ¥44 Mil. GRG Banking Equipment Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥304 Mil. Therefore, GRG Banking Equipment Co's Tax Rate % for the quarter that ended in Mar. 2024 was 14.56%.

GRG Banking Equipment Co Tax Rate % Historical Data

The historical data trend for GRG Banking Equipment Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GRG Banking Equipment Co Tax Rate % Chart

GRG Banking Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.56

11.79

11.17

9.69

11.64

GRG Banking Equipment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															17.16	12.22	-1.91	18.21	14.56

GRG Banking Equipment Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GRG Banking Equipment Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	167.513	/	1439.065
	=	11.64 %

GRG Banking Equipment Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	44.238	/	303.802
	=	14.56 %

GRG Banking Equipment Co Tax Rate % Related Terms

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GRG Banking Equipment Co (SZSE:002152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GRG Banking Equipment Co Ltd (SZSE:002152) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 911, Colin Road, Science City, Hi-Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663

Website

http://www.grgbanking.com

GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solution, public security with AI technologies like biometrics identification, image, and video analysis, and big data. Its products and services consist of a financial self-service solution such as retail solution and branch automation, cash sorting machine, OEM module, and terminal equipment.

GRG Banking Equipment Co (SZSE:002152) Headlines

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